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387 Broad Street

Central Falls, RI 02863
  • $6,200,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 1412929
UPDATED: 39 min ago
$6,200,000
  • 0
    BEDS
  • 0.61
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

Fully renovated 30-unit residential building in Central Falls offering an exceptional investment opportunity with modern finishes and spacious layouts throughout. Unit mix includes 22 studio units, 4 one-bedroom units, and 4 two-bedroom units, providing strong rental flexibility and broad tenant appeal. Recently renovated with updated interiors, this turnkey property is ideal for investors seeking a stabilized asset with long-term income potential. Conveniently located along the highly traveled Broad Street corridor with easy access to local shops, restaurants, and everyday amenities. Minutes to Downtown Central Falls and nearby Pawtucket dining, arts, and entertainment destinations. Close to the Pawtucket/Central Falls Transit Center for commuter rail access to Boston. Easy access to Interstate 95, Dexter Street, and Lonsdale Avenue. Near Slater Memorial Park, schools, healthcare, and Downtown Providence.

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[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | Flagship Forbes Global Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | Flagship Forbes Global Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-06-11T11:38:01.903.
www.krekorianteam.com/homes/176740457
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387 Broad Street Central Falls, RI 02863

  • Price: $6,200,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 39 min ago
  • MLS #: 1412929
0
Beds
0
Baths
0
½ Baths
0.61
Acres
1900
Built
County:
Providence
Area:
Central Falls
Property Description
Fully renovated 30-unit residential building in Central Falls offering an exceptional investment opportunity with modern finishes and spacious layouts throughout. Unit mix includes 22 studio units, 4 one-bedroom units, and 4 two-bedroom units, providing strong rental flexibility and broad tenant appeal. Recently renovated with updated interiors, this turnkey property is ideal for investors seeking a stabilized asset with long-term income potential. Conveniently located along the highly traveled Broad Street corridor with easy access to local shops, restaurants, and everyday amenities. Minutes to Downtown Central Falls and nearby Pawtucket dining, arts, and entertainment destinations. Close to the Pawtucket/Central Falls Transit Center for commuter rail access to Boston. Easy access to Interstate 95, Dexter Street, and Lonsdale Avenue. Near Slater Memorial Park, schools, healthcare, and Downtown Providence.
Exterior Features

Construction Materials Brick Parking Total 30

Property Features

Business Type Residential Electric Circuit Breakers Human Modified YN No Land Lease YN No New Construction YN Yes Property Condition Under Construction Property Sub Type Commercial Road Frontage Type City Street Sewer Connected Structure Type Multi Family Tax Annual Amount 27790 Tax Assessed Value 2103700 Tax Lot 070 Tax Year 2025 Utilities Sewer Connected

[Rhode Island Statewide MLS] logo Listing information © 2026 State-Wide Multiple Listing Service.
Listing provided courtesy of Century 21 Limitless: .



[Rhode Island Statewide MLS] logo

© 2026 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than John Krekorian | Flagship Forbes Global Properties are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or John Krekorian | Flagship Forbes Global Properties. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-06-11T11:38:01.903.
 
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John Krekorian | Flagship Forbes Global Properties
28 Caswell Street
Narragansett RI, 02882